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Six Steps for Pricing Property Risks - A Facultative Reinsurer's Perspective

By John Stubbs |June 09, 2015|English

The insurance industry has enjoyed three good years in a row. Reinsurance costs are lower and there is a global reduction in large property losses from all causes. After three good years, we could think this low loss frequency and low RI cost is the...
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Save the Grain – Grain Bagging

By Mike Griffin|May 29, 2015|English

In recent years farmers have invested in steel grain bins to store grain until well after harvest season and sell when prices go back up. With insured farmers storing more grain, it increases the exposure for both the insured farmer and also for the...
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Straw Bale Buildings - Do They Represent an Increased Exposure?

By Leo Ronken |May 10, 2015|English

Houses made of straw have been offered for sale on the open market in the UK for the first time.1 Using a timber framework with wooden board walls that are insulated with straw bales, the buildings are the result of an engineering research project led...
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Insurers on Wildfire Watch in 2015

By Chris Beston|April 29, 2015|English

Wildfires will continue to be a burning issue in many parts of the U.S. in 2015 as wildfire season fast approaches. Despite record drought conditions during much of the past two years, 2013 and 2014 had the fewest numbers of fires on record since 1994....
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When the Levee Breaks [Presentation]

By Tim Pappas |April 14, 2015|English

From Boston to New Orleans to Sacramento and everywhere in between, there are thousands of levees in the United States. And yet there is a lack of understanding among both the general public and the insurance industry about this exposure. Test your...
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Total Loss Clause - Small Print, Big Impact

By Viviane Mardirossian |April 01, 2015|English

In a competitive insurance market, it can be tempting to offer "attractive" terms and conditions. But if "attractive" means including wording that goes against the basic principles of insurance, it can have costly implications for...
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